Oireachtas Joint and Select Committees
Wednesday, 30 November 2022
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank (Individual Accountability Framework) Bill 2022: Committee Stage
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
This relates to my earlier question in respect of at what point people go to the courts. It is stated that is as soon as practical after the service of a prohibition notice. The individual has a chance to defend the case in the context of the court, but he or she also has the right to appeal to the IFSAT. What are the steps in this regard? Is it a case where a prohibition notice is served that the individual is given notice of this and then he or she has the right to go to IFSAT, and, if the decision is upheld there, then the Governor or the Central Bank goes to the court and the individual at that point has an opportunity to fight such a case in court? Is this the sequence, or is it necessary for individuals to go to court before IFSAT can deal with an issue?
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